Oklahoma Pedestrian Accident Loans

What Are Pedestrian Accident Loans in Oklahoma?

A pedestrian accident loan refers to a financial aid provided to plaintiffs who have been injured as a result of a car accident. This is a type of pre-settlement funding offered by LawsuitLoans.io to aid in managing the unforeseen complications that often arise following an accident.

Unlike regular loans, these are non-recourse advances against your future car accident settlement. Which means, if you do not win your case, you owe nothing. This makes a pedestrian accident loan more of a safe bet for victims looking into their funding options following a car accident. The primary goal with such loans is to offer financial relief to injured pedestrians awaiting the resolution of their legal claims.

In essence, once your application has been approved, LawsuitLoans.io will provide you with the funds you need upfront. You then repay this amount from your settlement proceeds at the conclusion of your case.

Pedestrian accident loans ensure you can focus on your recovery without worrying about immediate financial burdens. At the same time, it allows your attorney the time they need to build a strong case and fight for the compensation you deserve.

Key Information About Car Accident Loans in Oklahoma

If you’ve been involved in a car accident in Oklahoma, you might be facing financial stress on top of your physical injuries. Car accident loans from LawsuitLoans.io can help. They provide funds while you wait for your legal case to resolve. Let’s look at some key information about these loans in Oklahoma.

Am I Eligible for a Pedestrian Accident Loan in Oklahoma?

If you’ve been injured in a pedestrian accident in Oklahoma and are awaiting the resolution of your case, you may be wondering if you’re eligible for a pre-settlement loan from LawsuitLoans.io. The good news is that you likely may be, but there are a few essential criteria you must meet.

The primary eligibility criteria are as follows:

• Valid Legal Claim: You must have a valid legal claim against an insurance company or a self insured company. This means that you have a pending lawsuit due to injuries suffered in a car accident where you were not at fault.
• Attorney Representation: You need to have an attorney representing you, and they must be working on a contingency basis. This means that your attorney only gets paid if they win your case or secure a settlement for you.
• Age Requirement: You must be at least 18 years old. In the eyes of the law, you are considered an adult and therefore capable of entering into and understanding the terms of the loan agreement.

If you meet these criteria, you could be eligible for a lawsuit loan to help you manage expenses while you wait for your case to resolve. You can apply for a pre-settlement loan directly on the LawsuitLoans.io funding application page.

Pedestrian Accident Loan Process in Oklahoma

The process for obtaining a pedestrian vs. auto lawsuit loan is straightforward and consists of five main steps. Here’s an outline of the process:

1. Apply online
2. We contact your law firm
3. We review your case
4. You sign a contract
5. You get funds

Let’s consider an example to provide a clearer picture. Imagine a plaintiff, let’s call her Sarah, who was involved in a pedestrian accident in Oklahoma. She suffered significant injuries that required extensive medical treatment, and decided to file a lawsuit against the driver responsible.

Sarah realized that the legal proceedings could take time and she needed immediate financial assistance to handle her medical bills and day-to-day expenses. So, she applied for a lawsuit loan through LawsuitLoans.io.

We contacted her law firm shortly after receiving her application to gather more details about her case. After a thorough review of her situation, we felt confident that Sarah had a strong claim. Therefore, we sent her a contract detailing the terms of the loan. Once Sarah signed and returned the contract, we promptly transferred the funds to her account.

This transparent, efficient process ensures that plaintiffs like Sarah can secure the financial help they need while waiting for their legal case to conclude.

Types of Pedestrian Accident Claims in Oklahoma

In Oklahoma, pedestrians are often involved in various types of accidents, resulting in lawsuits. These accidents sometimes occur due to a lack of vigilance from drivers or other pedestrians. Here, we’ll explore a few examples and how Oklahoma’s fault laws can influence the outcome of these cases.

Vehicle-Pedestrian Accidents

One common type of accident is when a car hits a pedestrian. In such cases, investigation revolves around determining whether the driver followed traffic rules and the pedestrian used the crosswalk properly. If the driver is found to disregard traffic signals or drove recklessly, they could be at fault.

Bicycle-Pedestrian Accidents

Another type of accident involves bicycles crashing into pedestrians. Fault is often determined by the carelessness of either party during this unfortunate incident. If a bicyclist was riding on a walking path and collided with a pedestrian, fault might lie with the bicyclist. However, if a pedestrian suddenly steps into a bike lane, they may share some fault.

Accidents Due to Poor Infrastructure

Accidents also happen due to inadequate or poorly-maintained infrastructure. If a pedestrian trips and falls due to uneven paving or unmarked construction, the local municipality or property owner may be held accountable.

The Impact of Oklahoma’s Fault Laws

Oklahoma operates under a ‘modified comparative negligence’ rule. This means that a pedestrian who is partially to blame for an accident can still recover damages in a lawsuit, but their compensation may be reduced by their percentage of fault. For example, if you’re found 20% at fault in an accident, your total damages awarded would be reduced by 20%. It’s essential to understand these laws to navigate the legal process effectively.

Remember, each case is unique and depends on specific circumstances. If you find yourself in a pedestrian accident and need financial assistance while your lawsuit is being resolved, don’t hesitate to contact LawsuitLoans.io or call us at (866) 594-1343.

How Much Money Can I Get From my Pedestrian Accident Pre-settlement Loan?

Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.

Let’s illustrate this with an example. Let’s say a plaintiff in Oklahoma has a pedestrian accident case with an estimated value of $300,000. The case is still progress and will not settle for some time. As a general rule of thumb, medical providers get paid around 1/3 of the settlement, the attorney gets another 1/3 of the settlement which leaves the plaintiff with roughly $100,000. In this scenario, we can advance approximately 25% of that amount or $25,000.

Roadway Accident Cases we Fund in Oklahoma

At LawsuitLoans.io, we fund almost any type of roadway accident in Oklahoma. Here is a list of the cases we cater:

• Bicycle Accident Loans: If you are injured in a bike accident, we can provide aid before your case concludes.
• Car Accident Loans: Survivors of car crashes can access funds while they await their legal outcome.
• Commercial Vehicle Accident Loans: In the aftereffect of communal vehicle crashes, we assist claimants with immediate funds.
• Government Vehicle Accident Loans: Injured by a government vehicle? You can secure financial aid while dealing with the legalities.
• Motorcycle Accident Loans: We support motorcyclists injured in accidents with quick pre-settlement funding.
• Pedestrian Accident Loans: Pedestrians harmed in roadway mishaps can count on us for monetary help during case proceedings.
• Rideshare Accident Loans: Involved in a rideshare accident? We provide funds to tide over until your claim settles.
• Semi-Truck Accident Loans: If you are an innocent party hurt in semi-truck accidents, our funds are available before your case resolves.

Major Cities we Serve in Oklahoma

We at LawsuitLoans.io are dedicated to serving plaintiffs across the United States. In Oklahoma, we have a presence in every city, but here is a list of the top 10 most populous cities where our services are most commonly used:

1. Oklahoma City
2. Tulsa
3. Norman
4. Broken Arrow
5. Edmond
6. Lawton
7. Moore
8. Midwest City
9. Enid
10. Stillwater

Please remember, though, that these are just where most of our Oklahoma customers come from—LawsuitLoans.io is committed to helping plaintiffs in all cities of Oklahoma and nationwide. For an easy and seamless application process, visit us at LawsuitLoans.io funding application or call our toll-free number, (866) 594-1343. We are here to help you when you need it most.

Oklahoma Pedestrian Accident Funding FAQs

In Oklahoma, pedestrian accident victims and their families often have numerous questions about lawsuit loans and funding. Here we aim to answer some of your frequently asked questions.

How much does it cost to get a pedestrian accident lawsuit loan?

The cost of getting a pedestrian accident lawsuit loan can vary based on several factors. These include the size of the loan, the expected duration of your lawsuit, and the risk associated with your case. For the most accurate estimate, visit LawsuitLoans.io or contact us directly at (866) 594-1343.

Do I qualify for a lawsuit loan on my pedestrian accident case?

Eligibility for a lawsuit loan is largely determined by the merit of your case. If you were injured in a pedestrian accident and have pending legal claim, you likely qualify for a lawsuit loan. However, every case is unique, so it’s best to apply through our funding application or contact us directly to discuss your specific circumstances.

Can you get a loan on a pedestrian accident settlement?

Yes, you can get a loan based on your pedestrian accident settlement. Indeed, this is what lawsuit loans or pre-settlement funding is mainly about – providing a way for you to access funds from your future settlement while still waiting for the legal case to resolve. For more information, please visit our website or call our toll-free number (866) 594-1343.

Does LawsuitLoans.io Directly Fund Cases in Oklahoma?

While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in Oklahoma.